12 nominees · 3 ballot items.
Three management proposals: (1) approve the Voting Requirement Amendment to align charter voting thresholds with DGCL Section 242(d)(2); (2) approve increasing authorized common stock from 1.5 billion to 3.0 billion; (3) approve adjourning the special meeting to solicit additional proxies.
Amend the charter to align voting thresholds for future charter amendments with DGCL Section 242(d)(2), allowing majority of votes cast rather than majority of outstanding shares for such amendments.
Increase authorized common stock from 1.5B to 3.0B to satisfy contractual obligations and provide capital-raising flexibility.
Authorize adjourning the meeting to solicit additional proxies if Proposals 1 or 2 lack sufficient votes.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.72% | 65,804,539 | $149M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 4.48% | 62,550,438 | $141M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.27% | 59,603,806 | $135M |
| 4 | D. E. Shaw Co., Inc.Activist | 3.45% | 48,159,491 | $109M |
| 5 | BlackRock, Inc. | 2.95% | 41,221,879 | $93M |
| 6 | STATE STREET CORP | 2.62% | 36,549,102 | $83M |
| 7 | BlackRock, Inc. | 2.36% | 32,961,694 | $74M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.14% | 29,867,716 | $68M |
| 9 | UBS Group AG | 2.00% | 27,903,518 | $63M |
| 10 | RENAISSANCE TECHNOLOGIES LLC | 1.99% | 27,738,500 | $63M |
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